If the contribution margin is $24 for product T and $8 for product Z,fixed costs are $30 000 and the sales mix is 25% product T and 75% product Z,the weighted average contribution margin is:

Question

Quizplus · Accepted Answer

The weighted average contribution margin is calculated by multiplying each product's contribution margin by its sales mix percentage and then summing the results: (0.25 * $24) + (0.75 * $8) = $6 + $6 = $12.

If the Contribution Margin Is $24 for Product T and $8